W.P. Carey amends credit agreement, adds CAD 350 million term loan

Reuters04-01
W.P. Carey amends credit agreement, adds CAD 350 million term loan
  • W. P. Carey amended credit agreement on March 11, 2026, replacing €215 million term loan with CAD 347 million term loan under same terms, duration, extension options.
  • New CAD term loan funded Go Auto sale-leaseback investment in Canada.
  • Facility carries floating rate of Term CORRA + 80 basis points, implying all-in rate of about 3.1% as of March 30.
  • Amendment lowered revolver pricing grid by 5 basis points across all levels.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. W.P. Carey Inc. published the original content used to generate this news brief on March 31, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment